Right Hemisphere, a Fremont, Ca. company that sells visual technology that began by letting you touch up animated characters in movies, said it has raised money from SAP Ventures, the venture capital arm of large German software firm, SAP.
We wrote about the company three years ago, when it first moved to the Bay Area, from New Zealand.
Munich Venture Partners, a German venture firm, also participated in the investment, which was characterized as an appendage to the company’s second round of venture capital.
Right Hemisphere’s software has extended beyond its origins of animation, and includes a product data management and lifecycle management platform, to allow collaboration within large companies.
The company says its customers include DaimlerChrysler, Bell Helicopter and Sikorsky.
From the statement:
“With an open, automated approach to sharing and publishing 3D product information, Right Hemisphere is adding great
value by eliminating the time-consuming downstream process inefficiencies that traditional PLM solutions have failed to address,” said Nino Marakovic, a partner at SAP Ventures.
Previous investors include Sequoia Capital, Sutter Hill Ventures, and NVIDIA — when the company raised $12 million in 2005, and $4 million in 2003.